New York Cotton Opens Steady on Buying Rally
New York February 20 Cotton opened steady with a gain of 3 to 7 points as buyers cover positions for foreign accounts. May futures traded around 7.18 as demand showed strength.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 20, 1932
Page
7
New York February 20 Cotton opened steady with a gain of 3 to 7 points as buyers cover positions for foreign accounts. May futures traded around 7.18 as demand showed strength.
Chicago trading opens with grain prices lower as wheat declines after denials of any wheat impounding by the farm board and a January rise in world stocks 22 245 million bushels versus 18 308 million and 15 308 million in 1931. Corn also falls early by 1 2 to 7 8 cents.
New York trading closed with a soft session as the market slipped modestly. Auburn and American Telephone weakened notably while other major issues fell 1 to 4 points amid light turnover and cautious sentiment ahead of Washington's birthday weekend.
N C Cotton in New Orleans reports a strong start with gains of four to six points as Liverpool strength and Indian activity buoy markets. March trading reaches 7.00 with May at 7.18 and July 7.35 before profit-taking and hedging push values back 3 to 5 points. The market remains active but eases as the hour closes.
Hollywood notes that the western film era is expanding to include thrillers with a clean hero and spooky elements. Tom Keene stars in the first such meller now in production, signaling a shift in interior set expectations for westerns.
A western tale shows Keene in a flowing black cloak prowling a haunted studio setting with a girl and elderly aunt in peril. A lean, hairy forearmed figure sits among cowboys as a threatening hooded thief eyes the heroine through a window.
Enthusiastic fan Keene formerly George Duryea shares a note from a hometown girl who formed a fan club. Her letter says she held a western star popularity poll and Keene won easily, adding she voted for him six times herself.
Macon Ga NEA Service reports Leland Harvey renowned as the Houdini of criminals remains jailed for life at Milledgeville after an eighth escape. The piece chronicles eight jailbreaks from 1924 to 1933 and subsequent crimes, ending with his recapture near Detroit.
Valley Hall of Stokes county suffered serious knife wounds in Stuart Virginia hospital and W. D. Lisk was jailed here after a scuffle at a local dance.
Hawkins, former assistant cashier of the Central Bank and Trust company in Asheville, starts serving a 4 15 to 24 month sentence for embezzlement imposed by Buscombe superior court.
Mitchell received about one and a half inches of snow while Asheville posted a high of 39 degrees, three degrees above normal for the period. The report notes colder conditions elsewhere but highlights the light snowfall on the peak and milder city weather.
Hampton S. Brown, a Charlotte traveling salesman, was critically injured last night when his car wrecked near here. Little hope is held for his recovery.
Roy Rainey 35 asked to plead before six jurors in Oak Park court. He claimed police have hounded him since youth and sought the chance to defend himself. The jury found him guilty of disorderly conduct and fined $40, with two jurors later revealed as plainclothes officers.
In Martin Tennessee on February 20 an 80 year old woman Mrs E Jane Lankford of McKenzie watched the removal of her appendix at Weakley County hospital. She conversed with doctors and nurses during the operation and is said to be recovering rapidly.
A toy shop scene contrasts gender norms as a mother pushes her son away from dolls. The boy, drawn to a fat doll, clings to it despite parental teasing, highlighting early childhood desires and social expectations.
Albemarle high school boys study cooking and sewing while sisters learn hammer work and carpentry. Girls reclaim furniture and boys choose forks and dress colors.
Forest City reports the South Mountain Industrial Institute plans a Monday celebration honoring George Washington with a program featuring local participants and activities.
A diplomatic row was averted after Japan apologized for the beating of U S Vice Consul Arthur R. Ringwall and American-born Chinese woman Mrs L Young in a Japanese quarter of Omaha Nebraska.
A grandmother and mother clash over a five year old boy Sonny wanting a doll. The narrator endorses gender neutral play noting boys enjoy boats and dolls alike and recalls a seven year old nephew who loved a doll, ending with hopes the gift was well received.
The Studebaker Sales Corporation of America announces a price increase on all Studebaker cars from March 1. The move follows the depletion of reserve stock bought last year and higher material costs now required for production.
A thirty year span shows Manchutie population rising from 4,000 600 to over 27,000 000. The astronomical growth reflects rapid urbanization and migration patterns across the region.
Chinese defenders in Woosung repel waves of Japanese bombardment aided by destroyers and air attacks as four tanks are blown up and two planes shot down. Despite losses the Chinese fortifications remain in Chinese hands near Kiangwan seven miles downriver from Shanghai.
Iowa State College coach Louis Menze discusses a fast passing sequence to beat a zone defense. The setup moves No 4 to draw the defender, then No 6 clears to No 3 who feeds No 2. If executed sharply, the left guard must cover both guards, enabling a shot option for No 2.
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